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Apr 3, 2013
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gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s. carmakers had much better numbers in march. >> they did. it was interesting. i was looking at hyundai and kia from out of korea. and they were fairly soft. i think that a lot of that just had to do with product cadence. and also year-over-year comparisons. you know, last year the japanese were still recovering from the tsunami. so they had -- they had very high numbers because the year before they didn't have any numbers because of volume -- inventory. so we're still seeing some ripple effects, but it's nothing to panic about. the industry overall is doing incredibly well. >>
gm has just redesigned its new -- what we call the lambda products. they're vehicles like the buick enclave, which has three rows of seats, has done incredibly well in the past. and that's a large crossover. so vehicles such as that which carry good utility and family and stuff can carry people around and people are really trading those and upgrading those. >> rebecca, one quick question before we let you go. what about u.s. cars versus the japanese automakers? it looks like u.s....
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Apr 2, 2013
04/13
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the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're value investors here at morningstar, and just on a casual base they like fairly valued. >> thank you very much. appreciate it, dave. ty, up to you. >> moving up there by 1.22. 6-plus percent. this after carl eye sawn took a 9.3% stake in the speech recognition company. julia boorstin has more. >> reporter: well, tyler, you may not have ever heard of nuance, but its technology has likely heard your voice. it's the leader in speech recognition, powering everything from apple's siri to customer service to new ads that talk back. >> should i buy that ring? >> you should definitely buy it
the pricing will go up, and that's very good news for gm. >> certainly. people just aren't giving the new detroit i think a fair shake. if you look at the financials, this is reasons to be scared off by it, underfunded pension in europe, of course, but they make most of their money in the u.s., and in gm's case, in china, too. those markets have room to grow. >> what don't you like. >> just in the dealer space, maybe as momentum investor, people might consider that, but we're...
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when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand, people who have not bought a car are in the market. as long as that exists, sales continue to be strong, and interest rates, as long as they are low, helps leasing as well as financing, as long as they are friendly and people get loans, that's keeping the market afloat. >> encouraging. jessica, as always, thank you for joining us, appreciate it. >> thanks for having me. >> small car sales slow down because the gas prices are relatively low, so more gas guzzlers on the road. >> had a wicked winter too, you know? if i didn't have 4-wheel drive, i'd be home. >> it is quarte
when trucks do well, domestic do well too, gm, no exception. their sales, they, you know, they did relatively well. some of the brands that have struggled, especially last year like cadillac, a lot of new models, and, also, buick who is, you know, awaiting new, fresh r models, they have them now, and sales have gone up. >> jessica, where do we go from here? keep up the pace the rest of the year? >> i mean, we certainly hope so. look at what's driving models now, pent of demand,...
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showing you both ford and gm coming out with great numbers for the month. ford's sales rose 5.7% to be specific. they did well with the fusion, the escape. the weak link in ford is actually the lincoln. reagan sales decreased, did anybody by a lincoln? and a look at general motors. like ford. stuart: thank you very much, indeed. back to the big board, we're up 80 points. bear in mind this is a bullish rally this morning. i look at a prediction for the collapse of the market. there will be nothing to stop the collapse. this sounds like advice to get out of the market and hide out in cash, it is. charles has been bullish on individual stocks for a long, long time. i take it you totally disagree? charles: definitely. i bring them to you guys, i show them, a lot of these big names, namescome it is not even about the names. i'll have a company for you in a moment, they'v they have changer whole strategy. stuart: he does not care about individual companies. you can pick out individual companies which do very well. we keep on producing these bubbles. charles: wher
showing you both ford and gm coming out with great numbers for the month. ford's sales rose 5.7% to be specific. they did well with the fusion, the escape. the weak link in ford is actually the lincoln. reagan sales decreased, did anybody by a lincoln? and a look at general motors. like ford. stuart: thank you very much, indeed. back to the big board, we're up 80 points. bear in mind this is a bullish rally this morning. i look at a prediction for the collapse of the market. there will be...
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ford was a winner, gm fell short, but gm and chrysler really beats the street. gm is doing well, but the big picture is the ford fusion and escape are doing so well. urban outfitters and several other names, american eagle, gap, under armour, all with a perilous. cheryl: what a dividend. thank you so much. dennis: "media minute" time. is it legal to grab the march madness final four out of the air and sell it to subscribers without paying cbs a cut? yes, for now. they deliver broadcast network shows to cell phones in new york. expanding to 20 other networks. the court refused to issue an injunction against the service for copyright infringement. that case now goes to trial. the unfolding saga over nbc moved to push jay leno into retirement making way for jimmy fallon, the two hosts showed america we can all laugh about it. this is a musical ♪ ♪ tonight ♪ tonight ♪ who care who hosts "imus in the morning" tonight "imus in the morning." dennis: that is much better than what they tried, but it is mutual. jimmy kimmel on youtube, they have 1.5 million subscr
ford was a winner, gm fell short, but gm and chrysler really beats the street. gm is doing well, but the big picture is the ford fusion and escape are doing so well. urban outfitters and several other names, american eagle, gap, under armour, all with a perilous. cheryl: what a dividend. thank you so much. dennis: "media minute" time. is it legal to grab the march madness final four out of the air and sell it to subscribers without paying cbs a cut? yes, for now. they deliver...
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Apr 2, 2013
04/13
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look at gm, 1 million retired workers. basically retirement home that also makes cars on the side. >> right. health insurance company that also has -- car company on the side. guys, good discussion. mr. standrif, thanks so much for joining us. we all agreed. i'm shocked. >> it won't continue. >> no, i can tell. guess which country is becoming a huge magnet for manufacturing? hint, the answer is not china. we'll have the answer for you and the intriguing reason why coming up next. >>> also -- >> you all want to know the secret formula for getting in. ♪ i did owe >> an admissions officer must be on the receiving end of an entire nation's application panic. you didn't challenge yourself academically. >> i'm worth $1 billion. >> the college admissions baths is the premise of a new hollywood movie but the pressure is all too real for thousands of high school seniors right now. hot new he had coral to recall by one ivy scorned senior is securing the process. we'll take a closer look at her complaints with the former admissions
look at gm, 1 million retired workers. basically retirement home that also makes cars on the side. >> right. health insurance company that also has -- car company on the side. guys, good discussion. mr. standrif, thanks so much for joining us. we all agreed. i'm shocked. >> it won't continue. >> no, i can tell. guess which country is becoming a huge magnet for manufacturing? hint, the answer is not china. we'll have the answer for you and the intriguing reason why coming up...
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Apr 11, 2013
04/13
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. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm outside. warmer than yesterday but not as warm tomorrow. and let's look at the current condition, 82 in santa rosa and we are getting a sea front. and the winds are beginning to go on shore and the there is a weather system to the north moving in. you can see it cleary, this is a front coming in and as it comes in and down the coast it is going to cool things off by a solid ten degrees. 85 in santa rosa and temperature there tomorrow is down, 73. and 73 in san francisco and 64 tomorrow. today is the warmest day of the week. and temperatures will not be that much below average just cooler. overnight lows here and tomorrow morning when y
. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm...
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Apr 11, 2013
04/13
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. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm outside. warmer than yesterday, but not as warm tomorrow. and let's look at the current condition, 82 in santa rosa and we are getting a sea front. and the winds are beginning to go on shore and the there is a weather system to the north moving in. you can see it cleary, this is a front coming in and as it comes in and down the coast it is going to cool things off by a solid ten degrees. 85 in santa rosa and temperature there tomorrow is down, 73. and 73 in san francisco and 64 tomorrow. today is the warmest day of the week. and temperatures will not be that much below average, just cooler. overnight lows here and tomorrow morning when
. -- united states -- >>> the treasure department has sold gm stock and they have recovered much of the bailout. and that means taxpayers are still owed $19 billion. >>> the 14% drop in pc sales is the largest drop in 20 years. they are blaming windows eight and the company says the public isn't rushing to adopt it because it looks and runs differently. >>> checking in with bill for weather now. >> numbers into the mid-80s and 82 in concord and it is warm...
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Apr 2, 2013
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take a look at shares of gm, ford, and toyota. we're putting these up, because these are really the three leaders when it comes to pickup trucks. clearly, gm anded ford, way ahead of toyota, but in terms of stock performance, toyota getting the better of the other two over the last year. and finally, you mentioned tesla at the beginning, maria. take a look at this. in the first quarter, electric vehicle sales, the model-s easily outsold. the chevy volt and the nissan leaf, which says something, maria, given the fact that the model "s" considerably more expensive than the volt or the leaf. and you have shares of tesla trading at an all-time high. the announcement from elon musk coming up in about 40 to 45 minutes. maria, back to you. >> phil, thank you very much. so with new buyers headed into the showroom for a new car, is this the time to bet on auto stocks? investors should bet on new automakers like tesla, says brian. why the divergent views? let's talk about it. adam, make the case. why is newer the tesla the better long-term
take a look at shares of gm, ford, and toyota. we're putting these up, because these are really the three leaders when it comes to pickup trucks. clearly, gm anded ford, way ahead of toyota, but in terms of stock performance, toyota getting the better of the other two over the last year. and finally, you mentioned tesla at the beginning, maria. take a look at this. in the first quarter, electric vehicle sales, the model-s easily outsold. the chevy volt and the nissan leaf, which says something,...
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Apr 11, 2013
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. >> this is the first perm fop >>> the automaker gm is back on the facebook site. they have been introducing new tools and it could be a sign their tools are working. >>> yahoo and apple are looking at ways yahoo services could play a role on the ipad and they are exploring new things for more news and sports preloaded. >>> on wall street both hit all times highs, the dow added 128 points. >>> a florida couple is arrested after kidnapping their two sons and taking them to cuba. the four were handed over after being spotted on a sail boat. >>> a chance to hit it big the new lottery game that is in california the drawing taken tonight and the record it set for the first day. >> and adult behavior in children's movies and why it could have real-life consequences. >>> a group of fossilized embryos has researches excited and they are from a long neck dinosaur and there may be clues how they developed from the stages in the eggs and they are the same age as the oldest ones found in south afriaca. >>> researchers have foubd found a way to make mouse brains transparent and
. >> this is the first perm fop >>> the automaker gm is back on the facebook site. they have been introducing new tools and it could be a sign their tools are working. >>> yahoo and apple are looking at ways yahoo services could play a role on the ipad and they are exploring new things for more news and sports preloaded. >>> on wall street both hit all times highs, the dow added 128 points. >>> a florida couple is arrested after kidnapping their two...
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Apr 10, 2013
04/13
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gm, chrysler got it. look, other cities and states, neil, that paid for, if you will, via tax credits and tax breaks, business, from gm and chrysler. those cities and states got screwed over as well in the process because gm and chrysler, never delivered on those promises either to poor cities and states that didn't get jobs or revenue. the government should get out of the business completely and let free markets decide it. neil: todd, you know very well, and ford's ceo was here many times he was for the bailout with his colleagues because if they had not got enit and it would have hurt the entire industry. what do you think of that? >> maybe neil, maybe not. on the bileout it was important for president obama to have the government come in to bail out gm and chrysler. i think they both would be restructured out government financing. what that did it helped out one of the president obama's largest campaign contributors, the united auto workers. they gave them him 40 million in campaign contributions. the
gm, chrysler got it. look, other cities and states, neil, that paid for, if you will, via tax credits and tax breaks, business, from gm and chrysler. those cities and states got screwed over as well in the process because gm and chrysler, never delivered on those promises either to poor cities and states that didn't get jobs or revenue. the government should get out of the business completely and let free markets decide it. neil: todd, you know very well, and ford's ceo was here many times he...
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Apr 23, 2013
04/13
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. >> the boom has been a missed opportunity for some, and gm is enjoying success with cadillac sales as they are adding for dealerships here and next year, ford will be bringing the lincoln brand to china to begin sales in asia. >> it will be interesting to see how the lincoln does there. it hasz been struggling so much. aren't the numbers amazing. >> they are. and having been there a year ago, you city german brands and a large portion of roles royces. hong kong has the highest level of -- >> you want to make a splash. it's really something over there. >> well, that is it for us tonight, "nightly business report." thank you so much for watching. >> and from me as well. thanks for joining us, have a great evening, we hope to see you tomorrow. "nightly business report" has been brought to you by thestreet.com. our dividend stock adviser guides and helps to generate income during a period of low interest rates. options and profits, helps to guide investors. online, mobile, social media, we are thestreet.com. ) (♪) (♪) daniel mansergh: imagemakers is made possible by a grant from: c
. >> the boom has been a missed opportunity for some, and gm is enjoying success with cadillac sales as they are adding for dealerships here and next year, ford will be bringing the lincoln brand to china to begin sales in asia. >> it will be interesting to see how the lincoln does there. it hasz been struggling so much. aren't the numbers amazing. >> they are. and having been there a year ago, you city german brands and a large portion of roles royces. hong kong has the...
SFGTV: San Francisco Government Television
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Apr 5, 2013
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i worked for rec and park and after school funds and under gm burns and robinson and i was told as an employee we're there to serve the public. our petty disagreements with somebody doesn't quiz qualify them from participating in this. >> >> and it's like me getting an argument and you can't come to my park. sometimes we can disagree and have intelligent conversations. we don't have to take it out on the kids. give me 10 more seconds. i came here to head off. we talked at supervisor chu's office and come here and go in peace and try to make something happen here. that's what i am here for. i would love to entertain a discussion with the commissioners to come to a resolution to this problem. put the kids first. >> thank you. >> richard fong. >> i don't want to get in the way of all of you and your appetite getting close to the dinner hour, but i just wanted to make more comments about animal control welfare. they're dealing with the issue of licensing, dog walkers, and when there was bob palaceo as commissioner and [inaudible] was here, the acting superintendent, a big fellow quite a w
i worked for rec and park and after school funds and under gm burns and robinson and i was told as an employee we're there to serve the public. our petty disagreements with somebody doesn't quiz qualify them from participating in this. >> >> and it's like me getting an argument and you can't come to my park. sometimes we can disagree and have intelligent conversations. we don't have to take it out on the kids. give me 10 more seconds. i came here to head off. we talked at supervisor...
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Apr 10, 2013
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gm, though, i find it interesting that gm alone is a facebook story. even at the time of the ipo, ford said we don't know what gm is doing. we find their ads effective. >> so you get headlines and you can't understand the weight, but they still get pushed to the front. one last thing on social media and the relationship to financial markets and journalists and ceos, that's certainly changing. >> people feel that's all that they need. it's their personalized news sticker. >> is that arrogant if you're a ceo to say i'm going to use twitter and if you're not following me that's your problem sf. >> i doubt it. this is the standard. this is what everybody walks around with all the time. i do not tweet. i am so old fashioned it's ridiculous. i'm also a believer in old school journalism in the sense that when you pick up a paper, you read things that you didn't expect to read. something that might change your mind you tend to read more what you're already interested, and that's dangerous for all of us. >> it's been a wild ride on the markets. we'll talk about
gm, though, i find it interesting that gm alone is a facebook story. even at the time of the ipo, ford said we don't know what gm is doing. we find their ads effective. >> so you get headlines and you can't understand the weight, but they still get pushed to the front. one last thing on social media and the relationship to financial markets and journalists and ceos, that's certainly changing. >> people feel that's all that they need. it's their personalized news sticker. >> is...
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Apr 16, 2013
04/13
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off of that and we care more about europe when it comes the ford and gm. michael? >> caller: hey, jim. >> hi, michael. >> caller: with the home builder confidence what is going on with the k.b. homes? >> well, there was a long analysis come out with stewart and lenar being a very big home builder and nationwide presence and what he said was that the smaller builders are part of that and the smaller builders have been squeezed out, so don't read too much into it. i thought that the housing stocks were overly hit today and tomorrow we take a better look at them today. tough day, and we don't know what happened in the market, and we won't pretend that we did, but we have a playbook for when we don't know what is going on and i believe it will work just like it always has. more "mad money" coming up. >> and what sent shares of sprint soaring? what does it mean for the future of phones, cable and your connection? david faber is following the story and talking to cramer just ahead. >>> later, perfect prescription? what got a boost from investors this morning aft
off of that and we care more about europe when it comes the ford and gm. michael? >> caller: hey, jim. >> hi, michael. >> caller: with the home builder confidence what is going on with the k.b. homes? >> well, there was a long analysis come out with stewart and lenar being a very big home builder and nationwide presence and what he said was that the smaller builders are part of that and the smaller builders have been squeezed out, so don't read too much into it. i...
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Apr 6, 2013
04/13
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tesla actually sold more cars in the first quarter of the year than gm sold of the volt or nissan sold of the leaf. that is amazing. tesla, this past weekend, announced they would stop or they would not make the cheapest version of the model s car that they planned to make when it would be $60,000. they decided not to do it because 4% of the people placing orders for the model s actually wanted the cheap one. they wanted the more expensive one. they have turned into the northern california status symbol of choice. it is a weird market to figure out. >> maybe a turn around. you think that financing option they have will make a difference? >> actually, no, i don't. you still have to pay a lot per month. some people on the fence may go for it. >> that is why wall street wasn't very happy. david, thanks. >>> next, actor and san francisco native danny glover, executive producer of "the house i live in" coming to pbs. it is a look at the so-called war on drugs. it won the grand jury prize at the sundance festival. he spoke with kqed's joshua johnson. first a clip from "the house i live in."
tesla actually sold more cars in the first quarter of the year than gm sold of the volt or nissan sold of the leaf. that is amazing. tesla, this past weekend, announced they would stop or they would not make the cheapest version of the model s car that they planned to make when it would be $60,000. they decided not to do it because 4% of the people placing orders for the model s actually wanted the cheap one. they wanted the more expensive one. they have turned into the northern california...
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the former gm of sanitary district. >> first three counts deal with misappropriation of public funds and embezzlement by a public employee of funds. >> the other charges include money laundering and there's a warrant out for richard's arrest. authorities say they do not know where he is and court papers say he is missing. the former g.m. got a $350,000 loan from his employer for housing. it was supposed to be paid back at 3.1% interest. richards used the money to pay bills and student loans, took out money while on a european vacation and got cashier's checks payable to himself. >> that's a misuse of public funds, and public funds, particularly these days, need to be watched and marshaled and very carefully. >> in late june of 2012, richards didn't show up for work. in july, he sent an e-mail saying he was resigning. employees feel betrayed by richards and one told us over the phone, they feel tarnished and dirty. >> embezzlement and fraud in the public agency workplace. it's fairly common in california. >> frank edgar is a president. the initial deal with richards was made before ed
the former gm of sanitary district. >> first three counts deal with misappropriation of public funds and embezzlement by a public employee of funds. >> the other charges include money laundering and there's a warrant out for richard's arrest. authorities say they do not know where he is and court papers say he is missing. the former g.m. got a $350,000 loan from his employer for housing. it was supposed to be paid back at 3.1% interest. richards used the money to pay bills and...
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Apr 3, 2013
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gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand, this car was probably off limits for you but that may be changing now. >> when you hear the accelerator, it's instantaneous. >> reporter: kevin taguchi says this all electric vehicle with keyless entry is worth every penny. >> it feels like you're on a track. >> reporter: and it can go 100 miles without recharging the battery. >> hopefully cars will go in this direction and we'll be able to get off fossil fuels. >> reporter: but it cost him $80,000 in cash to buy it that's after using the $10,000 rebates that come with the electric car. it's a price point out of reach for most of us but that may be changing. >> make
gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand,...
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Apr 10, 2013
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gm caused quite a stir last may when it announced three days before facebook's ipo it was dropping paid ads because they have little impact on consumers. facebook generates more than 80% from revenue in advertising. yahoo! and apple want to deepen their relationship, discussing ideas to expand the amount of content including sports and finance data that comes preloaded on the iphone and ipad. yahoo! is looking at whether it could provide search ad results to apple so it could rely less on rival google. back to you. >> seema mody, thank you very much. >>> christina loren has a look at that forecast. >> look what the wind did to my hair. i let the wind do my hair for me. 4:47. nothing like looking in the mirror and seeing myself for the first time this morning. like likely, you're just waking up, and you're in the same boat. sunny and summer like. temperatures are at 64 degrees at 4:47 in the morning. what that means is that you don't need to start with a sw t sweater, not even a jacket. go right to the short sleeves. oakland will get very close to that 80-degree mark. driving those winds
gm caused quite a stir last may when it announced three days before facebook's ipo it was dropping paid ads because they have little impact on consumers. facebook generates more than 80% from revenue in advertising. yahoo! and apple want to deepen their relationship, discussing ideas to expand the amount of content including sports and finance data that comes preloaded on the iphone and ipad. yahoo! is looking at whether it could provide search ad results to apple so it could rely less on rival...
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what are other ceos saying besides and you gm's ceo, saying gm may pull -- scale back their south korea operations near the border. what do you hear from other ceos >> i'm not hearing much about them changing their business plans. i'm not hearing were. liz: what are you hearing? >> same thing we're talking about. he is irresponsible. is he trying to get attention. liz: does -- does he' u.s. to start talking about doing something for him again, the people in north korea are starving. i was there three years ago, with a small group, of business executives, the place is you know, like no place you have seen. like stepping back in time. liz: what struck you? >> the emptiness. just plain emptiness. every place you went, you do not see many people, we visited a number of factories, and met with a number of leading bureaucrats. the plan was we go over and talk with them to see if they would give up their nuke program. they would get foreign investments. we did not make headway. liz: so, do you think that ceos are more worried that there is -- that a sense in this business about north korea now
what are other ceos saying besides and you gm's ceo, saying gm may pull -- scale back their south korea operations near the border. what do you hear from other ceos >> i'm not hearing much about them changing their business plans. i'm not hearing were. liz: what are you hearing? >> same thing we're talking about. he is irresponsible. is he trying to get attention. liz: does -- does he' u.s. to start talking about doing something for him again, the people in north korea are starving....
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Apr 3, 2013
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gm sales were up 6.4% in march, ford up 6% and chrysler 5%. toyota's gains were a little more anemic at just 1%. despite news headlines about the fiscal cliif, sequestration and budget shortfalls, car sales in the first quarter beat expectations. edmunds.com says it is raising its auto sales forecast to 15.5 million cars in 2013. 'i think that there's growth potential to go beyond this year as well. we're still not back to pre-recession levels in terms of the number of sales per driver. we've had driver population grow, but sales have shrunk since the recession and there's still room for growth there." the main reason for zipppy new car sales: pent-up demand after years of economic struggles for consumers. it's a new day for fannie mae. six years after the housing market's collapse, the agency has turned a record profit. fannie raked in $7.6 billion in the fourth quarter, and made $17.2 billion in 2012, while taxpayers took home $11.6 billion in fannie dividends. the ceo of the mortgage giant says he expects earnings to remain strong over the
gm sales were up 6.4% in march, ford up 6% and chrysler 5%. toyota's gains were a little more anemic at just 1%. despite news headlines about the fiscal cliif, sequestration and budget shortfalls, car sales in the first quarter beat expectations. edmunds.com says it is raising its auto sales forecast to 15.5 million cars in 2013. 'i think that there's growth potential to go beyond this year as well. we're still not back to pre-recession levels in terms of the number of sales per driver. we've...
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Apr 27, 2013
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they will do the same to gm, the stock has been acting pretty darn well after that quarter. it seems to be working its way higher. i wonder if gm doesn't surprise the upside or offers you enough secondhand hope that it's worth owning. sure, it is cheap, warming up to it. one of our favorite takeout candidates is bull maker atk, the defense companies and gun-related stocks have all delivered excellent numbers. by the way, we did isolate cabella's and said that was better than dick's. a lot of people on twitter say, do you like dick's? we will also hear from linked-in. it's a company i was asked about yesterday at villanova. i have to tell you you, this has been a real standout. i think it's that premium model, some of it is paid, some is free in advertising support. linked-in surprised the upside so consistently, i actually am amazed. i was really into the money with call options, out several months, play that quarter of linked-in. finally the week finishes off with the nonfarm payroll report, which if you remember was pretty darn weak the last time around. judging by all the
they will do the same to gm, the stock has been acting pretty darn well after that quarter. it seems to be working its way higher. i wonder if gm doesn't surprise the upside or offers you enough secondhand hope that it's worth owning. sure, it is cheap, warming up to it. one of our favorite takeout candidates is bull maker atk, the defense companies and gun-related stocks have all delivered excellent numbers. by the way, we did isolate cabella's and said that was better than dick's. a lot of...
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Apr 10, 2013
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. >>> gm will start running ads again on facebook. the move comes nearly a year after the automaker pulled its ads just three days before facebook's ipo, saying they had little impact on consumers. back to you. >> thanks, seema. >>> well, the question on wall street today, what will the fed say, and will the dow hold on to its record high. the fed march minutes are out at 2:00 p.m. while chief bernanke said stimulus will continue, not all fed members are on board. >>> valuing shamu between $24 and $27 a share. >>> your check could be in the mail. settlement checks between $300 and $125,000 will be going out this friday to 8 in 10 borrowers who were wrongly foreclosed on during the mortgage crisis. >>> and loan payments could rise dramatically for millions of college students come july unless congress takes action. the interest rate on subsidized stafford loans is set to double july 1st. >>> as washington debates gun-control measures, one pro-gun group is giving away free ones. a month-long promotion telling members to use the cash to
. >>> gm will start running ads again on facebook. the move comes nearly a year after the automaker pulled its ads just three days before facebook's ipo, saying they had little impact on consumers. back to you. >> thanks, seema. >>> well, the question on wall street today, what will the fed say, and will the dow hold on to its record high. the fed march minutes are out at 2:00 p.m. while chief bernanke said stimulus will continue, not all fed members are on board....
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Apr 12, 2013
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there's no recall for gm or bmw. >>> google is thinking ahead, way ahead, until your death. the search engine giant has launched a tool that let's you decide what to happen with your google e-mail and photo accounts when you no longer need them. just go to the inactive account manager and choose where you want your data to be deleted after three, six, 12 months after inactivity and allow your accounts to let them know that you are no longer using your data. >>> the first of u.s. sports to partner with you can play. it's a project that hopes to end home f ho homo phobia. hockey is for everyone, which is their motto. thus far, no active player on any major american sports team has been openly gay. >>> when we come back, how some veterans are getting some jobs in the bay area. >>> hiring our heroes. it's a project by nbc universal designed to help veterans land civilian jobs. that effort included a job fair across the kourcountry today, including one in san jose. marianne favro is joining us. marianne? >> reporter: they certainly did, raj. more than 200 vets came here to the am
there's no recall for gm or bmw. >>> google is thinking ahead, way ahead, until your death. the search engine giant has launched a tool that let's you decide what to happen with your google e-mail and photo accounts when you no longer need them. just go to the inactive account manager and choose where you want your data to be deleted after three, six, 12 months after inactivity and allow your accounts to let them know that you are no longer using your data. >>> the first of...
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Apr 26, 2013
04/13
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comments now from the newest 49er in the gm. >> it's an honor. they traded up to get me. i'm very fortunate to be on such a good d fence. there are a ton of guys that can go and learn from. i just can't wait to get to california to get to work. >> he's a prototype safety in terms of size. you know, he's got good length, long arms, 6'1" plus, 210 pounds. he's got the height, weight, speed that we were looking for at the position. he's smart. he's tough. he's a physical football player. and we really felt he was an all around safety. >> some basketball now. the warriors stef curry sat out practice today. his sprained left ankle was worse than originally thought. he's hopeful he can go tomorrow for game number 3. understatement of the year, they need him in there. and the as starting their series with the orioles. they lost 10-2. but good news, the assess should be back in line up come sunday. that's a look at sports. more news after this. >>> we had one final note tonight. we're losing a key member and a dear friend at nbc bay area. >> for the past eight year, she's been a
comments now from the newest 49er in the gm. >> it's an honor. they traded up to get me. i'm very fortunate to be on such a good d fence. there are a ton of guys that can go and learn from. i just can't wait to get to california to get to work. >> he's a prototype safety in terms of size. you know, he's got good length, long arms, 6'1" plus, 210 pounds. he's got the height, weight, speed that we were looking for at the position. he's smart. he's tough. he's a physical football...
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Apr 29, 2013
04/13
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its battery-powered model s surpassed sales of gm's chevy volt and nissan's leaf. the company is also making over its service program with an unconditional battery warranty. it's rolling out more service features in the coming weeks to lure hesistant drivers to try switching to electric. still to come, we head to a strawberry farm to hear what agricultural workers are anticipating from landmark immigration legislation. that's later. but first, a revolution is happening in the publishing industry. what it means for the future of literature. that's next. pick a medium, any medium, and it has been turned upside down by the internet and social media. tv, radio, movies, newspapers - book publishing, too, is following a new set of rules. you can read all about it in "ape: author, publisher, entrepreneur," a book written by apple's one-time chief evangelist. he is a consultant and a speaker and author of a dozen books. nothing like talking to guy kawasaki, who is a well-known new york times best-selling author yourself. so, trace the arc for what was once the publishing i
its battery-powered model s surpassed sales of gm's chevy volt and nissan's leaf. the company is also making over its service program with an unconditional battery warranty. it's rolling out more service features in the coming weeks to lure hesistant drivers to try switching to electric. still to come, we head to a strawberry farm to hear what agricultural workers are anticipating from landmark immigration legislation. that's later. but first, a revolution is happening in the publishing...
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gm and ford both closed up today. there is lot more room to run on the stocks. foreign automaker stocks, specifically japanese, toyotas, hondas, nissans, closed down today. i'll tell you, the u.s. auto industry, experiencing a nice renaissance. i like it. liz: so do the auto workers. and certainly the ceo's. sergio marchionne who took the chance. david: tesla has news by the way to report. we don't want to let you wait anymore on that. tesla is announcing its first leasing program. we heard a lot about announcements that they were going to make in this hour. that is the first of them. liz: right, it is going to be in conjunction. they're calling it revolutionary leasing product with wells fargo and u.s. bancorp. they're saying by the way, they came out with good numbers for the model s sedan. they say they are pegging their model s resale value to the mercedes s-class. they have a deal with mercedes. it is very interesting to watch the stock. it is slightly higher in both the bid and the ask from the closing bell. more to come in just a minute. david: a lot of p
gm and ford both closed up today. there is lot more room to run on the stocks. foreign automaker stocks, specifically japanese, toyotas, hondas, nissans, closed down today. i'll tell you, the u.s. auto industry, experiencing a nice renaissance. i like it. liz: so do the auto workers. and certainly the ceo's. sergio marchionne who took the chance. david: tesla has news by the way to report. we don't want to let you wait anymore on that. tesla is announcing its first leasing program. we heard a...
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Apr 4, 2013
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. >> guy, given what you heard from david about japan, are you more skeptical about ford and gm and their competitiveness against the japanese automakers. >> you have to be. >> yeah. >> it certainly appears as the dollar/yen son a trajectory to go north of 105. >> what the japthe japanese aut say we produce the cars here in the united states. >> they might say that. the stocks indicate they're trading in lockstep, specifically toyota motor, i don't know if we have the chart or not. if you look, it's effectively a dollar/yen chart. if toyota does nothing, if they just move sideways in an environment where their currency is weakening, that stock will go higher and potentially to the detriment of gm and ford. out of all the plays we mentioned here, if you do believe the dollar/yen continues that move, i think toyota is very interesting here. >> before you go, david, i have to ask you about housing. you do believe a recovery is in play, as you stated. but the housing stocks themselves are a little bit overvalue at this point. they've seen massive runs. >> they've seen massive runs. you know,
. >> guy, given what you heard from david about japan, are you more skeptical about ford and gm and their competitiveness against the japanese automakers. >> you have to be. >> yeah. >> it certainly appears as the dollar/yen son a trajectory to go north of 105. >> what the japthe japanese aut say we produce the cars here in the united states. >> they might say that. the stocks indicate they're trading in lockstep, specifically toyota motor, i don't know if we...
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ford, chrysler and gm all reported increased sales. nissan had it's best month ever. buyers are being lured to show loom room wlaz is good for the car business is good for wall street. nasdaq is up 16 and google shot up on reports that it may develop a mobile lap top that could run apps. >> musicians at san francisco symphony playing a different tune today after ending their three week old strike. so beautiful. they're back skbak walked off the job in pay averages mer than $140,000 a year, neither side is releasing specifics but directors say it does keep wages high. >> they retain their places among the top paid or chess tras in the country this, is a shared desire that this happens. >> the agreement needs to be ratified. this weekend's concerts will go on as planned. >> stim head here tonight at 6:00 researching human brain. the president proposes spending millions of dollars to unlock the many mysteries it holds. >> a top new deal on gun control. does it go too far? >> and a milestone for solar power that is about to start paying off. stay >>> president obama unvei
ford, chrysler and gm all reported increased sales. nissan had it's best month ever. buyers are being lured to show loom room wlaz is good for the car business is good for wall street. nasdaq is up 16 and google shot up on reports that it may develop a mobile lap top that could run apps. >> musicians at san francisco symphony playing a different tune today after ending their three week old strike. so beautiful. they're back skbak walked off the job in pay averages mer than $140,000 a...
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Apr 10, 2013
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first gm after pulling its ad spending is returning to the social network. general motors has a test program of mobile ads on facebook. research firm says facebook has number one market share in the mobile display ad market. and mobile ad spending is growing fast. projecting that facebook's new home mobile app will boost engagement and facebook's revenue. >> brents with the asset management. >> i want to start with you. >> you ear telling our viewers. >> i look for a value of the company. it's fixable. >> how do you know it's fixable? >> they are working on it right now. july we will see something else. they have a back-up plan. we know what the problems are. the stock is like $10 a share. this company is a very strong business. they have about $400 million in cash. no debt in the balance sheet. when i look at it, i think the stock will be -- the assumption is they will get past the accreditation issue and if they don't, pain to investors might be more justified. >> howard, it's tough. you can put the sunglasses on. this is san diego. you have got 300,000 pl
first gm after pulling its ad spending is returning to the social network. general motors has a test program of mobile ads on facebook. research firm says facebook has number one market share in the mobile display ad market. and mobile ad spending is growing fast. projecting that facebook's new home mobile app will boost engagement and facebook's revenue. >> brents with the asset management. >> i want to start with you. >> you ear telling our viewers. >> i look for a...
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Apr 29, 2013
04/13
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. >> this former warriors gm, now commentator said he couldn't be happier for the fans or the players. >> i think they are in a wonderful place. they have denver on their heels. they are confident, playing hard, playing smart, winning basketball. i expect this place to be really jumping tonight. >> reporter: more so than the other night? >> i think so. >> like friday night, fans are finding special playoff t shirts on their chairs, four mottos on the back, defend, protect, battle and unite. make sure not to repeat the same word twice and it took them six hours to drape them on 20,000 seats. we will have fan reaction, win or lose, after the game. reporting live in oakland, ktvu -- . >> if the warriors win tonight, they need one more game to advance. if denver wins, the series will be tied at two games each. if a game six is necessary, the series returns on thursday. fred english is there at the arena, bringing us a preview of tonight's game, including how the team feels in our early edition of sports wrap. >> >> opening statements in the michael jackson wrongful death trial. jackson's
. >> this former warriors gm, now commentator said he couldn't be happier for the fans or the players. >> i think they are in a wonderful place. they have denver on their heels. they are confident, playing hard, playing smart, winning basketball. i expect this place to be really jumping tonight. >> reporter: more so than the other night? >> i think so. >> like friday night, fans are finding special playoff t shirts on their chairs, four mottos on the back, defend,...
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Apr 3, 2013
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gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand, this car was probably off limits for you but that may be changing now. >> when you hear the accelerator, it's instantaneous. >> reporter: kevin taguchi says this all electric vehicle with keyless entry is worth every penny. >> it feels like you're on a track. >> reporter: and it can go 100 miles without recharging the battery. >> hopefully cars will go in this direction and we'll be able to get off fossil fuels. >> reporter: but it cost him $80,000 in cash to buy it that's after using the $10,000 rebates that come with the electric car. it's a price point out of reach for most of us but that may be changing. >> make
gm says that sales were up 6% and toyota sales increased by 1% after a very strong sales year last march. >>> tesla motors wants to put more of its pricey electric cars on the road by offering something new. allie rasmus is here to explain the big announcement made by tesla. >> reporter: and there's no dials on the dashboard and no key. everything functions through this touch screen control pad. kind of like a big i pad in the car. but unless you have 70 to 100 grand in hand,...
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no change for gm. 27. and microsoft, and chips in xbox. amd is flat down 5 cents. let' not forget about microsoft, i own that stock, some of it. nicely higher, thank you, up 27 cents. and 29, that's retirement territory. and up 25 points for the dow as of now. time is money, 6-- no, 30 seconds on what else we're watching for you, shorter. j.c. penney stock of the day and when charles joins us, death watch or buy this thing low. which? and the irs may be monitoring your social media accounts. what neve to say about the tax and twitter. and i have have my take on the appalling, disgusting celebrations from them cheering lady thatcher's death this morning. one of lady thatcher's former speech writers will join us next. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade l
no change for gm. 27. and microsoft, and chips in xbox. amd is flat down 5 cents. let' not forget about microsoft, i own that stock, some of it. nicely higher, thank you, up 27 cents. and 29, that's retirement territory. and up 25 points for the dow as of now. time is money, 6-- no, 30 seconds on what else we're watching for you, shorter. j.c. penney stock of the day and when charles joins us, death watch or buy this thing low. which? and the irs may be monitoring your social media accounts....
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Apr 12, 2013
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they sold them to companies such as gm and bmw. >>> and turning to the past to help bring a future super bowl to the area, ahead, who is getting involved. >>> and boost your memory and improve your sleep. the sounds that could do the trick for you. >>> i'm jeff fournier, the winds picking up, going from 10 to 20 miles an hour in san francisco. the good thing about the wind, it is helping out with our air quality. everyone had excellent levels, expected to continue over the next 48 hours, we'll have more coming up in a few minutes. >>> new information suggests that moderate alcohol consumption before or after a breast cancer diagnosis does not increase your risk of death. they looked at 23,000 women with breast cancer, and found that survival rates were similar for women who drank after a diagnosis and those who did not. but listen to this. women who drank moderately before diagnosis were much less likely to die of breast cancer and of heart disease. researchers say moderate drinking may even reduce death from card vascular disease. >>> and during deep sleep, the brain's electrical patter
they sold them to companies such as gm and bmw. >>> and turning to the past to help bring a future super bowl to the area, ahead, who is getting involved. >>> and boost your memory and improve your sleep. the sounds that could do the trick for you. >>> i'm jeff fournier, the winds picking up, going from 10 to 20 miles an hour in san francisco. the good thing about the wind, it is helping out with our air quality. everyone had excellent levels, expected to continue...
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Apr 11, 2013
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gm is trying to attract younger buy buyers. the social media site says it is happy to have general motors back on board. >>> it is prime barbecuing weather. >> it is nice. a lot of people are probably trying to take advantage of this weather somehow and that is smart because after today we are going to start to see numbers come down for a lot of the bay area. let's get a look at where some of the warmest weather is located. livermore with 86 degrees. we had a new record at sanlta rosa and napa and hayward. a lot of you driving around in the cars today probably had thermometers from 88 to 92 degrees. the car thermometers warmer than some of the ambent air temperatures. it was warm to hot out here but we didn't have mid 90s reported. right now the 24 hour temperature change we are noting cooling beginning across the bay from an on shore flow. that is starting in san francisco dropping temperatures to 64 in san francisco. 67 in san mateo and mild tonight so enjoy the evening here. let's get you into the next 12 hours. we have been
gm is trying to attract younger buy buyers. the social media site says it is happy to have general motors back on board. >>> it is prime barbecuing weather. >> it is nice. a lot of people are probably trying to take advantage of this weather somehow and that is smart because after today we are going to start to see numbers come down for a lot of the bay area. let's get a look at where some of the warmest weather is located. livermore with 86 degrees. we had a new record at sanlta...